Datacentre construction: Worker shortage hampers boom

Published On Sep 30, 2024, 7:06 PM

The article discusses the rapid growth in demand for datacentre construction, driven largely by the rise of artificial intelligence and the need for robust cloud services from major tech firms. Since 2015, datacentre floorspace in Europe has nearly doubled, indicating a burgeoning industry. However, the industry faces challenges, including a shortage of skilled workers, difficulties in finding land and power to build new datacentres, and the need for specialized construction knowledge. As demand surges, salaries for skilled trades in this sector can reach six figures. It emphasizes the need for a shift in recruitment strategies to attract younger workers to the industry, alongside a push for diversity and purpose-driven careers in technology.

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The increasing demand for datacentres and the challenges faced in meeting this demand suggest a strong growth potential for companies involved in construction and services related to datacentres. Companies such as Digital Realty, which owns and operates datacentres globally, are likely to benefit from this trend.